- #1

jalen

- 25

- 0

10......50

20......40

30......30

40......20

50......10

a)complete the total revenue column

b)complete the arc elasticity for each price change and complete the elasticity column.

Is there an equation I should use to find the total revenue?

Can someone give a brief definition of what elastic, unitary elastic,inelastic mean.

Thanks =)